The House of Representatives Commission VII overseeing energy and mineral resources held a hearing Wednesday to question the Energy and Mineral Resources Ministry’s recent flip-flop regarding the price of subsidized Premium-branded gasoline. Commission VII deputy chairman Ridwan Hisjam, a lawmaker from the Golkar party, who chaired the meeting, initially decided to make it open to […]
Read MoreMANILA, Philippines — The planned suspension of a further increase in excise tax on fuel products coupled with the lifting of import limits on rice could bring inflation back on target starting next year, a central bank official said Wednesday. Inflation spiked to a fresh nine-year high of 6.7 percent in September, keeping the pressure on the Bangko Sentral […]
Read MoreDespite September’s export slump, the government remains upbeat about achieving 11 million tonnes of milled rice exports this year on high demand. Adul Chotinisakorn, director-general of the Foreign Trade Department, said rice export prospects are still promising for the last quarter, with continued import orders, particularly with government-to-government (G2G) deals with China, the Philippines and Japan. […]
Read MoreThe Indonesian government is seeking to complete 13 trade agreements with other countries and trade organizations in an attempt to boost its exports amid the trade war between China and the United States, which has seen a trend toward global trade protectionism. Trade Minister Enggartiasto Lukita said from the 13 afforded agreements, eight of which were in […]
Read MoreThe supply of condominiums in Phnom Penh rose moderately in the third quarter, adding 2,374 new units to the market, CBRE Cambodia said in its latest report. The third quarter of the year saw relatively limited new additions to the total condominium supply with the completion of just two significant projects –Skylar Meridian in Chamkarmon […]
Read MoreMANILA, Philippines — Vehicle makers and assemblers expect sales to drop between 10-to 15-percent this year as demand continue to weaken due to rising inflation and higher vehicle excise taxes. On the sidelines of the 7th Philippine International Motor Show in Pasay City yesterday, Chamber of Automotive Manufacturers of the Philippines Inc.(CAMPI) president Rommel Gutierrez told reporters the […]
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Thailand
